Gold steady on Ukraine tensions; Asian physical demand eyed

Singapore  - Gold prices were steady early on Friday supported by geopolitical tensions in Ukraine, with investors eyeing fund flows and Asian physical demand for further cues.     Spot gold was little changed at $1,288.51 an ounce by 0022 GMT. The metal is down 0.9 percent for the week - its second straight weekly decline.Pro-Moscow separatists in eastern Ukraine ignored a public call by Russian President Vladimir...

WTI Oil Heads for Weekly Gain as U.S. Crude Stockpiles Decline

West Texas Intermediate headed for the first weekly advance since April as crude stockpiles fell for the first time in more than a month in the U.S., the world��s biggest oil consumer.Futures were little changed in New York after slipping 0.5 percent yesterday. Crude supplies shrank by 1.78 million barrels last week as inventories at Cushing, Oklahoma, the delivery point for WTI, slid to the lowest level since December 2008, the Energy...

Gold Futures Drop for Third Day as Dow Near Record Curbs Demand

Gold futures declined for a third straight day as gains in equities curb demand for the precious metal as an alternative investment.The Dow Jones Industrial Average rose as much as 0.6 percent, near a record reached last month, before the close of gold trading in New York. Gold slumped 28 percent last year amid a rally in equities and as inflation remained low.Gold futures for June delivery fell 0.1 percent to settle at $1,287.70 an ounce...

WTI Falls Most in Three Days After Supplies Drop; Brent Declines

West Texas Intermediate fell by the most in three days, dropping from a one-week high reached yesterday after U.S. crude inventories shrank for the first time since March. Brent declined in London amid signs that tension in Ukraine may recede. Futures fell as much as 0.6 percent in New York after rising 1.3 percent yesterday. Crude stockpiles fell by 1.78 million barrels last week as supplies at Cushing, Oklahoma, the delivery point...

Gold Trade Above This Weeks Low as Yellen Weighed With Ukraine

Gold traded above this weeks low in New York as investors weighed the outlook for U.S. stimulus with tension over Ukraine. Gold slid 28 percent last year on speculation the Fed would scale back asset purchases. It rebounded 7.5 percent this year, partly as tension over Ukraine spurred demand for a haven. Russian President Vladimir Putin said Russia is testing its army��s combat readiness, ramping up tensions after pledging a pullback...